I'll add to it as time goes on, and hopefully updates should find there way to the web server eventually.
I tried to provide the best reference to the original story or to the text itself -- after a while I got lazy and grabbed words from the reports verbatim. If you want the real story or a better reference, you can try to email me.
June 23, 1995 Visa and MasterCard announce plans to develop a protocol for credit card payments over the Internet. Visa's alliance with Microsoft, and MasterCardís alliance with Netscape are public knowledge. However, even though, "MasterCard and Visa are two companies that are usually viewed as competitors. 'There are, and their have been, areas where its in our best interest to work together,' Richard Lonergan, Visa's executive vice president, point of transaction, said. He listed other areas where the companies have worked together, including agreeing on traditional point-of- purchase systems in stores." [Clari Newsbytes. Visa, MasterCard Offer Secure Electronic Commerce 06/23/95. NEW YORK CITY, NEW YORK, U.S.A., 1995 JUN 23 (NB)] July 13, 1995 CyberCash and CheckFree announce a joint venture of offering products which can be easily integrated into any browser or merchant server to credit card or debit transactions over the Internet. July 18, 1995 Netscape announces Netscape Secure Courier. Intuit and MasterCard announce they will support this protocol in their products and services. August 21, 1995 "VeriFone (NYSE:VFI), a developer of automated transaction systems and software, announced an agreement to acquire Enterprise Integration Technologies (EIT), a developer of software and services related to Internet commerce. The $28 million deal is intended to strengthen VeriFone's position in the market of Internet commerce." [Clari Newsbytes. VeriFone Acquires Enterprise Integration Technologies 08/21/95. REDWOOD CITY, CALIFORNIA, U.S.A., 1995 AUG 21 (NB)] September 27, 1995 - Visa and Microsoft release news related to the stt specifications. MasterCard and Visa are "noticeable absent" from the announcement. Microsoft also releases pct, complaining that Microsoft felt uncomfortable with the level of security in Netscape's ssl. Fears that Microsoft will charge a transaction fee for every credit card over the Internet are raised. [This fear was raised by statements from Netscape according to Louise Kehoe in Rivalry for Internet Security Grows Financial Times, September 28, 1995, p.1. In the Sandberg article below a representative of Netscape was quoted as saying, "Microsoft is trying to funnel every electronic transaction through them[Microsoft.]"] September 28, 1995 - News regarding Microsoft's demand of a 20% stake in, and a seat on the board of Netscape becomes widely publicized. On the 27th, "James Clark, chairman of Netscape, asserted that Microsoft had demanded a 20% stake and a seat on the board of Netscape earlier this year in return for giving Netscape important technical data on Microsoft's new operating system."[Jared Sandberg. Infighting Unravels Alliance Seeking Standard to Protect Internet Purchases. Wall Street Journal. Thursday, September 28, 1995] October 3, 1995 - MasterCard releases news of the sepp specifications to the world along with its partners ibm, Netscape, CyberCash Inc. and gte. Some of the similarities between it and stt are startling. October 25, 1995 - Mondex faces possible legal action after admitting transactions made with its supposedly anonymous electronic cash cards can be traced. [ Gavin Clarke and Madeleine Acey, Network Week, London, Vol 1 No. 8, 25 October 1995] October 26, 1995, COLUMBUS, Ohio Q Continuing in its mission to bring convenient, efficient and easy-to-use electronic commerce solutions to homes, businesses and financial institutions, Checkfree Corporation (NASDAQ: CKFR) today announced an innovative consumer bill delivery service. The service is being pilot tested with consumers in Texas, New Jersey and Pennsylvania. October 30, 1995 - The Security First Network Bank established by Cardinal Bancshares -- a small Kentucky savings and loan institution is the first financial institution to conduct true online banking over the Internet. [Louise Kehoe. Online bank era dawns. Financial Times, October 30, 1995, p. 13.] November 2, 1995 - Backed by the European Commission, a consortium of 20 partners from European industry and academia has embarked on a research project to develop the fundamentals for secure electronic commerce. The goal of the 9-million ECU (approx. 14 million CHF) project, SEMPER (Secure Electronic Marketplace for Europe), is to provide the first open and comprehensive solutions for secure commerce over the Internet and other public information networks. [Press Release] November 13, 1995 - VeriFone, the US-based credit card processing company, has announced a system which allows customers to buy goods over the Internet and provides online retailers with a complete set of tools to handle electronic cash, cheques and credit card payments. [The Financial Times via Fulfillment by INDIVIDUAL, Inc. November 13, 1995] November 13, 1995 - AT&T just made it easier for businesses to conduct electronic commerce by introducing two new services at the Comdex Show in Las Vegas. AT&T Easy World Wide Web(TM) Services is the first Internet hosting business to offer merchants and other businesses hassle-free publishing on the Internet with complete control over the design and content of the information published. [Business Wire via Fulfillment by INDIVIDUAL, Inc. November 13, 1995 ] November 14, 1995 - Hewlett-Packard is bidding for US government approval for a worldwide cryptographic framework, which is being to provide a security for a joint smartcard project with Gemplus and Informix. November 16, 1995 - Dave Crocker reports that John Gould of MasterCard formally turned over the sepp specifications to ansi that afternoon at a MasterCard briefing at Comdex. Glenda Barnes, chair of X9F, accepted the specification and reported that the ansi body X9A10 had been formed and would pursue further work on the specification. Of importance with regards to time, was that the specification would be fast- tracked via the DSTU process. The new working group is chaired by Tom Jones of Intel -- previously with ViaCrypt -- and is being carried out in the banking area, X9A, chaired by Mark Zalewski, with cooperation from the security area, X9F. Two of X9F's working groups are likely to cooperate, one on access control and one on network security. [The text is taking almost verbatim from an email from Dave Crocker to the IETF-payments list of the same date.] November 17, 1995 - Microsoft shares drop $4.125 at $89.875 on Nasdaq after the highly regarded money manager analyst Rick Sherlund of Goldman, Sachs & Co removed MS stock from his companies recommended list and downgraded it to "moderate outperformer" status. This action was taken because of concerns over Microsoft's Internet strategy and its competition from telcos, ibm, Netscape, and others in the Internet realm. [Clari Newsbytes. Microsoft Stock Tumbles Amid Concerns over Internet Strategy. Mid November 1995. SAN FRANCISCO (Reuters)] November 29, 1995 - Boston--Getting the government involved in maintaining Internet data privacy may not be popular, but it's going to be necessary. That's the message Netscape Communications chair Jim Clark delivered this morning in his keynote address to an audience here at Email World and Internet Expo. [Anne Knowles . Uncle Sam Needed for Net Security. Daily News, November 29, 1995] December 4, 1995 - Intuit Corp., maker of the popular Quicken financial software, will provide on- line banking over the Internet, marking a shift from its strategy of hooking up customers directly with their banks through private networks. [From: Cfirstname.lastname@example.org (AP) Subject: Intuit Plans Internet Banking Date: Mon, 4 Dec 1995 9:21:21 PST] December 4, 1995 - San Francisco, Dec 4 (Reuter) - Sun Microsystems Inc. and Netscape Communications Corp. Monday unveiled a new programming language in a bid to beat rival Microsoft Corp. in the race to set standards for new Internet- based software. Microsoft, the world's biggest computer software company, is also investing heavily in developing programming software for Internet applications, and is expected to unveil its new lineup of products later this week. The move by the Sun and NetScape to introduce Javacscript sent shares of the two companies soaring on the Nasdaq market. NetScape jumped $12.25 to $149.50 while Sun added $5.50 to $89.875 in late afternoon trading on Nasdaq. [clari] December 7, 1995 - Redmond, Wash. (AP) -- Microsoft Corp. capitulated to the rising appeal of the Internet Thursday, revamping its own on-line service and buying the rights to another company's technology for exploiting the global computer network. [Clari. Subject: Microsoft Revamps On-Line Plan. Date: Thu, 7 Dec 1995 11:00:13 PST] December 7, 1995 - Denver (NB) -- A Denver, Colorado, company says it has developed a system that lets online shoppers pay for their purchases with an electronic check that lets the business collect for the purchase instantly. The system, known as Online Check System, from Audio Check Systems, offers one solution to the hurdle faced by online merchants -- that of providing a secure means of payment that can't be intercepted by hackers. [Clari NewsBytes] December 8, 1995 - Redwood City, Calif. (Reuter) - Netscape Communications Corp. Friday vowed to wage a ``dog-fight'' with rival Microsoft Corp. to set future standards for Internet software, a day after Microsoft set forth a strategy to parlay its operating systems dominance to make it a leading player on the Internet. In remarks to a Price Waterhouse software industry forum here, Netscape chief executive James Barksdale said that, ``It will be a dog-fight, no doubt about it'' of the competition with the Redmond, Wash.-based software giant. [clari] December 8, 1995 - Palo Alto, Calif., Dec 8 (Reuter) - Sun Microsystem Inc. won a ringing endorsement of its role in cyberspace this week when several companies including Microsoft Corp. announced plans to license its Internet-based programming language. [Clari: Subject: Sun Microsystems Java gains further appeal. Date: Fri, 8 Dec 1995 15:30:17 PST] December 8, 1995 - New York (AP) -- On the heels of ABC's announcement of a 24-hour news channel, NBC is close to disclosing its own deal with strategic partner Microsoft Corp. for an all- news channel that would have branches in cyberspace. [Clari: Subject: NBC, Microsoft May Sign Deal. Date: Fri, 8 Dec 1995 18:30:08 PST.] December 14, 1995. San Jose, (NB) -- Netcom On-Line Communication Services (NASDAQ:NETC) and Security First Network Bank, FSB have announced an industry alliance that officials from both companies said will help new and existing Netcom customers take advantage of banking via the Internet. [clari.tw.new_media] December 21, 1995.- Herndon, Virginia. (NB) -- US Order (NASDAQ:OSOR) recently introduced a new electronic banking product that lets merchants send monthly statements to their customers via the World Wide Web. The product is called Electronic Merchant Center (EMC) biller workstation. It lets the merchant design bill templates, transmit customized marketing information, and give customers direct access to statement information if they have an Internet connection. [clari.tw.new_media] December 23, 1995 - CyberCash this week plans to offer its shares of stock to the public. It is one of a handful of fledgling companies that hope to coin profits by helping others make financial transactions on the Internet. But consumers still worry that hackers on the Internet can ferret out credit card information. [WashP] January 3, 1996 - Fairfield, Conn. (Reuter) - General Electric Co. said Tuesday it launched a secure Internet-based network that enables suppliers to bid for its contracts from their desktop computers. January 15, 1996 - Digital Equipment filed a patent last August for a payment system called Millicent, which enables Web-site operators to charge as little as a tenth of a cent for each customer "hit." The system relies on middle-men credit card companies or digital banks -- to handle the transactions, but its novelty lies in its cost-effective design geared toward tracking minuscule amounts of cash. To keep disk storage at a minimum, security measures providing privacy and a trail of signed receipts are not included in the system, but proponents point out that would-be cyberthieves would have to crack a lot of trans- actions -- 10,000 at 0.1 cent each -- to make just $10. "There are easier ways to make 10 bucks," says Millicent's inventor. [Business Week 15 Jan 96 p90] January 18, 1996. - New York -- International Business Machines Corp., caving in to intense government pressure, agreed to include a special key that helps investigators tap into data messages in return for permission to export a more-secure version of its Lotus Notes software. [Thomas E. Weber. IBM Compromises on Encryption Keys, U.S. Allows Export of More-Secure Notes. Wall Street Journal, Jan 18, 1996] January 22, 1996 - Netscape Communications Corp and VeriFone Inc. today will announce plans to develop software to make it easier for merchants and banks to accept credit-card payments over the Internet. [Joan E. Rigdon. VeriFone and Netscape Plan Software To Ease Internet Credit- Card Payments. Wall Street Journal, January 22, 1996, p. B8.] January 22, 1996 - Kansas City, MISSOURI, U.S.A., -- Block Financial, an H & R Block (NYSE:HRB), company, has announced a Visa card created just for Internet and World Wide Web users. [Clari 1996 JAN 25 (NB)] January 26, 1996 - Fairfax.-- UUNET Technologies (Nasdaq:UUNT) is offering a World Wide Web hosting service that includes a full range of security services for commercial and private applications, including use of PGP (pretty good privacy) encryption. [ Clari: 1996 JAN 22 (NB) ] February 1, 1996 - Visa And Mastercard Combine Security Specifications For Card Transactions On The Internet Into One Standard. Move Expected to Accelerate Development of Electronic Commerce and Bolster Consumer Confidence in the Security of Cyberspace Transactions [Visa/MC PR] February 6, 1996 - Rockville, Md.,-- General Electric's GE Information Services division said it is launching a new set of hardware and software products that will protect business transactions over the Internet. One of the features of the new system, called "GE InterBusiness," involves using one-time use encryption codes for each online session. [PR http://www.geis.com/.] February 6, 1996 - Washington, Strong Encryption Weak, Say Crypto Gurus: Strong encryption is weak, reports a group of prominent cryptographers and computer scientists. Their report, released yesterday, is expected to play an important role in coming debates over US policy on exports of software that includes encryption capabilities. [?CypherPunks?] Februrary 7, 1996 - San Diego, First Virtual Holdings, a company offering an Internet commerce system, has demonstrated a program which, it says, makes all existing software systems that encrypt credit card numbers and transmit them over the Internet vulnerable to security breaches. [NB] /** Editorial Note: this fault was received by many in the security as overblown hype**/ February 8, 1996 - New York, (Reuter) - The Internet craze has spawned a new hot area on Wall Street -- network security -- and after watching its competitors shine in the public arena, industry leader CheckPoint Software Technologies Ltd. is mulling an initial public offering. [ClariNet] February 8, 1996 -RSA Data Security Inc., the dominant supplier of data-privacy software, announced an unusual partnership with the Chinese government that exploits loopholes in U.S. export restrictions on codemaking technology. As part of the deal, RSA, which is based in Redwood City, Calif., plans to fund an effort by Chinese government scientists to develop new encryption software. The Chinese-developed software, based on RSA's general mathematical formula, may be more powerful than versions now permitted for export under U.S. Iaws, said James Bidzos, RSA's president. [ Don Clark. China, U.S. Firm Challenge U.S. On Encryption- Software Exports Wall Street Journal, February 8, 1996, p. A10.]